Methodological support for automation projects
At FBK, we provide detailed methodological advice on how to implement automated systems – from initial client system analysis through user training and production environment support. We either collaborate with leading integration partners or optimise client-selected integrator workflows. Our experts guide the client through system configuration, participate in pilot operations, and maintain oversight until full production launch.
The scope of FBK services covers all finance functions of a business: accounting, tax compliance, IFRS reporting, budgeting, and treasury. Additionally, we offer independent quality control during system implementation using best-practice automation methodologies.
In automation projects, beyond standard functionality we can help you build processes via modern technology integration: OCR technology, bar-coding, and RPA for routine tasks.
Methodological implementation includes the following stages:
Design of an implementation roadmap
- Analysis of the existing processes and regulatory documents
- Identification of key tasks, bottlenecks, and areas for optimisation, including the accumulated automation technical debt
- Formulation of functional requirements for the system
- Development of an implementation roadmap considering the client's business specifics
Development of a system-oriented accounting methodology
- Reference data required for reporting
- Unified data model
- Calculation algorithms for indicators and description of methodological approaches
- Specifications for reporting and analytical forms
- Regulations, user instructions, and role models
Methodology modelling and testing
- Development of numerical test cases to verify calculations
- Validation of accounting algorithm correctness under various scenarios
- Assessment of the new methodology's impact on financial indicators
- Methodology adjustments prior to launch
Methodological support for data migration
- Development of recommendations for data transfer to the new system
- Oversight of migrating balances, calculations, and reference data
- User support during the correctness verification of uploaded data
Support for configuration and pilot operation
- Support for the implementation team during system configuration
- System testing and author supervision to ensure adherence to methodological requirements during implementation
- Monitoring errors and their methodological correction
Development of regulations and methodological guidelines
- Creation of regulations and guidelines for accounting and reporting
- Preparation of user instructions for the new accounting processes
User training
- Conducting training sessions and workshops on using the new system
- Development of training materials
Support for operation in the production system
- Support for change management during project implementation
- Monitoring of initial reporting periods and process adjustments
- Gradual knowledge transfer from the implementation team to the client's employees
With properly organised methodological support within the automation project, the client receives:
- Formalised methodology based on implementation best practices.
- Solutions that can be replicated across the group of companies and transferred to a Shared Service Center (SSC).
- Synchronisation of all reporting types, design of a unified data model for forecasted and actual reporting.
- Support during the transformation process and assistance with change management.
- Improved control environment, automation of routine functions, and advancement of business processes.
- Reduced reporting timelines while maintaining its quality.
- Lowered level of tax risks through the implementation of relevant controls.
Case studies
FBK's portfolio features numerous successful case studies of IT system implementations in collaboration with partner companies. Below are examples of our largest-scale projects.
Automation for an electricity distribution company: implementation covering accounting, tax reporting, IFRS, management accounting, contract management, and treasury functions
Task and challenge
- Large functional scope of project requiring fundamental process redesign to enable contract-to-accounting automation
- Integration of management and financial accounting
- Complex regulated activities demanding specialised reporting procedures
- Critical 7-month deadline to achieve pilot industrial operation by the new calendar year.
Solution
- Agile methodology with parallel system configuration and process design
- Gap analysis through iterative demonstrations of standard functionality
- Phased methodology design and implementation prioritising critical features
Result
- Full operational launch within 7 months with complete legacy application retirement
- First system-generated reports successfully passed external audit
Read more
Automation for an Electricity Distribution Company
Task and challenge
- Large functional scope of project requiring fundamental process redesign to enable contract-to-accounting automation
- Integration of management and financial accounting
- Complex regulated activities demanding specialised reporting procedures
- Critical 7-month deadline to achieve pilot industrial operation by the new calendar year.
Solution
- Agile methodology with parallel system configuration and process design
- Gap analysis through iterative demonstrations of standard functionality
- Phased methodology design and implementation prioritising critical features
Result
- Full operational launch within 7 months with complete legacy application retirement
- First system-generated reports successfully passed external audit
Read more
Finance Function Automation for Coal Mining and Processing Group
Task and challenge
- Large-scale project covering the full financial cycle: accounting, tax compliance (including specialised territories of priority socio-economic development (TPSED) regime), treasury, budgeting, IFRS, and consolidation
- Client’s concurrent enterprise-wide IT modernisation with parallel development of supply chain and production accounting modules
- Strict requirements: not just to adapt the existing methodologies to "1C:ERP Holding Management" but also to optimise processes, redesign financial structure and implement an end-to-end cost analytics model for granular cost visibility across holding companies
Solution
- Extensive FRC-level workshops to ensure smooth adoption of the new methodology with no resistance to change
- Deep integration between finance, supply chain, and production accounting modules
Result
- Faster reporting cycles
- Transparent cost accountability framework with clear budgeting
- Methodology highly commended by 1C Research and Development Centre during quality control
Read more
Consolidated Reporting System for Oil Company
Task and challenge
- Redesign and adaptation of IFRS reporting methodology during implementation of 1C: Holding Management
- Legacy 1C: Consolidation system with partially automated processes requiring comprehensive workflow transformation
Solution
- Consolidated reporting methodology developed within an accelerated 4-month timeframe
- Continuous alignment of methodological approaches with an implementation partner
Result
- Significantly higher automation rate for IFRS reporting processes
- Project recognised as the project of the year by the vendor
- Later expanded through system enhancement which included an integrated budgeting module and a unified planning/actuals reporting model
Read more
Our advantages
Expertise
FBK methodologists possess deep knowledge of information systems (1C ERP, 1C Holding Management, 1C ERP Holding Management) and proven experience collaborating with major integrators while excelling at balancing system capabilities with user needs.
Expert Team
FBK team comprises more than 60 methodologists with multi-year experience implementing 1C, SAP, and Oracle solutions. Many of them hold ACCA certifications and advanced degrees, with additional 1C software certifications.
Flexibility
FBK develops tailor-made solutions – whether comprehensive end-to-end implementations or specialised sub-tasks requiring niche expertise – all applicable to the client's specific needs and business context.
Key Persons
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